Jul 22, 2015

Ichimoku Cloud Analysis (GBP/USD, GOLD)

Forex Trading | News Daily Update | FXTM Online Analysis Department.

Great Britain Pound vs US Dollar

GBP USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen intersected above Kumo Cloud and formed “Dead Cross” (1). Chinkou Lagging Span is on the chart; Ichimoku Cloud is still going up and widening (2). Short-term forecast: we can expect resistance from W Senkou Span A and support from the cloud’s lower border.



GBP USD, Time Frame H1. Indicator signals: Tenkan-Sen and Kijun-Sen are influenced by “Golden Cross” (1). Chinkou Lagging Span is above the chart, Ichimoku Cloud is heading up (2), and the price is above the lines. Short-term forecast: we can expect support from Tenkan-Sen, and growth of the price.




Gold vs US Dollar

XAU USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen are still influenced by “Dead Cross” (1); Kijun-Sen is directed downwards. Chinkou Lagging Span is below the chart; Ichimoku Cloud is still moving downwards (2). Short‑term forecast: we can expect resistance from Tenkan-Sen, and decline of the price.



 
Forex Trading | News Daily Update | FXTM Online Analysis Department.

0 comments:

Post a Comment

Total Pageviews

FXTM

ECN

ONLINE

LIKE US


Market Quotes are powered by Investing.com

PK Tube on Dailymotion

Technical Summary Widget Powered by Investing.com